Articles by FCS Deepak Pratap Singh

Case Study on Directors & Officers Liability Insurance

FCS Deepak Pratap Singh 29 August 2023 at 10:00

D & O policies can take different forms, depending on the nature of the organization and the risks it faces, so it's best to seek out an insurance company with deep experience in this specialized field

FAQs: Basics of Insurance

FCS Deepak Pratap Singh 23 August 2023 at 11:08

Basics of Insurance

Stridhan and its Taxation under Provisions of IT 1961

FCS Deepak Pratap Singh 10 May 2023 at 10:43

As you are aware that "Stridhan" is known as bride's Pin Money (in England) and peculium (under Roman Law). It is that part of property or wealth which exclusively belongs to women. Our ancestors have recognized the same well before it was recognized by the Romans.

Applicability of Provisions of Limitation Act 1963 on insurance claims

FCS Deepak Pratap Singh 05 May 2023 at 10:46

As you are aware that the maxim 'ignorantia juris non-excusat,' or 'ignorance of the law is no excuse,' implies that the Court presumes that eve..

Analysis of provisions of Section 45 of Insurance Act, 1938

FCS Deepak Pratap Singh 04 May 2023 at 08:59

As you are aware that Insurance is a promise made by an insurance company to the insured to indemnify him from financial loss on occurrence of insured risk/s. An Insurance Policy is a contract between insured and the insurance company and based on the principle of good faith.

Some facts related to Stamp Duty on Insurance Policies

FCS Deepak Pratap Singh 29 April 2023 at 11:30

As you are aware that an Insurance Policy if a contract between an insurance company and the insured. An Insurance Policy/Contract in which insurer promises to indemnify the insured financially loss or damage due to insured risks/perils.

Void Insurance Policies And Refund Of Premium Paid

FCS Deepak Pratap Singh 27 April 2023 at 10:20

As you are aware that a Contract ,which has no legal validity is a void contract. Same in the case of an Insurance Policy, when an insurer discovers that the In..

Online proficiency self-assessement test for independent directors

FCS Deepak Pratap Singh 21 April 2023 at 11:33

X has applied to the Indian Institute of Corporate Affairs (IICA) for inclusion of his name in the data bank of independent directors. He is working as a director of X Ltd and Y Ltd, both are unlisted public companies having the paid-up share capital of Rs. 10 crores since last 7 years.

When an insurance policy starts to cover risk

FCS Deepak Pratap Singh 04 April 2023 at 14:08

As you are aware that Insurance is a contract between insured and insurance company, and it covers injuries /damages due to insured perils/risks. The time of commencement of risk cover is the utmost important in the insurance policy.

Q&A Series: Directorship in Companies

FCS Deepak Pratap Singh 14 March 2023 at 11:11

Ajay Oza was a director in several companies and was barred from being appointed or reappointed as a director for a term of five years under Section 164(2)(a) due to a failure by one of the firms to file annual returns and financial statements for the financial year 2015-17